Musk Files SEC “STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP” (SolarCity)

Screen shot 2015-03-05 at 8.28.19 AM
Via StreetInsider, Musk has filed a “Change in Beneficial Ownership” form as of Mar. 2.  What does it mean?  Ask your broker friend.  We have no idea.  There’s a little hint here though: Be sure to click on the images if you want to see them bigger. “Beneficial Ownership” generally refers to the administrator of a Trust, as far as we understand it, where the Beneficial...

SolarCity deal with US Navy will power 6,000 homes in San Diego

solarcity-navy-deal
The air force isn’t the only arm of the military Elon Musk wants to disrupt. Working with SolarCity, the navy is now getting in on the action through its Lincoln Military Housing, putting itself down for solar panels to energize 6,000 homes in the San Diego area. According to Solarlove,  the deal could save Lincoln $60 million over the 20-year contract. Ultimately, SolarCity wants to grace...

Why Elon is a big deal to Solar City

Elon-Solar-City
Elon Musk doesn’t run Solar City – he is “only” the company’s chairman – but he’s not only a big part of its success, it could be argued he’s responsible for its existence, since he suggested to his cousin Lyndon Rive (who does run the company after starting it up with help from his brother, Peter. He (Elon) predicted that the more interesting part of the solar...

Elon wins two World Technology Network awards

WTN-Musk
Elon Musk is twice as important as Edward Snowden or Jane Goodall. The proof? He just won two World Technology Network (WTN) awards – one in the energy category for his work with Solar City and Tesla Motors, and one in space for his SpaceX endeavors. They, and a bunch of other folks, including LeVar Burton (who isn’t really blind, you know), only won one award. The official press release...

Musk and Solar City: Bringing More Than Wings to Buffalo

Buffalo Wings - all Buffalo is know for?
 (Logo via Buffalo Wild Wings Grill and Bar)
Bloomberg Business Week thinks that Musk, along with CEOs like him, can re-define the rust-belt with new tech companies.  Musk has announced plans to establish a solar panel manufacturing company in Buffalo within the next year. Buffalo Wings – all Buffalo is know for?(Logo via Buffalo Wild Wings Grill and Bar) Local legend says it was 50 years ago when Teressa Bellissimo dropped fried chicken...